Co-op housing home owner grants

Property taxes for co-ops are based on their tax rate and your unit share of the co-op itself.

If you own a share in a co-op, you may be eligible to claim a Home Owner Grant to reduce the property taxes you pay.

2016 tax due dates

Advance taxes: Tuesday, February 2

Main taxes: Tuesday, July 5

Home owner grant: Tuesday, July 5

How to apply for a home owner grant

Co-op owners, together, need to:

  1. Complete a form called Form A to claim their home owner grants and calculate each owner's share of property tax. Form A includes a Certificate of Eligible Occupants and an Owner’s Certificate.
  2. Send their jointly-completed Form A, along with their individual property tax payments, to us by the tax due date to avoid any penalties.

Instructions to complete Form A Completing form A PDF (142 KB)

Download Form A

2016 home owner grant threshold increased to $1.2 million

In 2016 the home owner grant threshold of assessed value is $1.2 million (from $1.1 million in 2015). The grant is reduced by $5.00 for each $1,000.00 above the threshold.

  • The basic grant is eliminated when the assessed value reaches $1.314 million
  • The additional grant is eliminated when the assessed value reaches $1.369 million

 If you qualify for the seniors or other additional grant, but the grant amount has been reduced or eliminated due to the 1.2 million threshold, you may still be eligible for the low income grant supplement .

If you have concerns about the threshold change, please contact the Province of BC's Home Owner Grant Administration Branch: